World Bank Report Projects Precious Metals Price Recovery

During this year’s third quarter, the Precious Metals Index dropped by 3%. The latest report released by the World Bank notes that this drop was caused by reduced physical demand, a stronger U.S. dollar and decreasing investor sentiment from rising real interest rates.

The World Bank projects that in the short term, the average price of these metals will increase heading into 2022, with many expecting a tightened monetary policy…

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